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Why is closing stock always mentioned separately from trial balance, meaning it's not being shown in Trial Balance?

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Question added by Muhammad ismail , Finance and Cost Specialist , Al Musairiey Metallic Industries
Date Posted: 2017/05/13
Franky Fernandes
by Franky Fernandes , Operations Analyst/Accountant , JOHNSON CONTROLS AIRCONDITIONING AND REFRIFGERATION INC

closing stock is the balance left after purchase and sale. Since these are included in the Trial balance, closing stock does not form part of the trial balance.

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